As majors thirst for copper, Filo bid premium seems awfully low
You might have seen the news: BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has just made its next major copper grab. This time, it’s for the prized Filo del Sol…
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Silvercorp drops objection to Adventus deal in wake of Ecuador court ruling
Silvercorp Metals (TSX: SVM; NYSE-AM: SVM) says it will proceed with its $200-million deal to acquire Adventus Mining (TSXV: ADZN), after a court challenge to the junior’s 75%-owned El Domo-Curipamba…
London lags in mining listings as rivals surge
The market capitalization of LSE-listed mining stocks has shrunk to $272bn from $322bn in 2018.
Video: Sandstorm Gold’s output set to double in five years, CEO says
Sandstorm Gold Royalties (TSX: SAND; NYSE: SAND) expects to double production to around 160,000 oz. gold yearly over the next five years, co-founder and CEO Nolan Watson said in an…
Liontown kicks off lithium production in Western Australia
Billionaire Gina Rinehart-backed Liontown Resources (ASX: LTR) has begun producing lithium at its flagship Kathleen Valley project in Western Australia. The first spodumene concentrate, the most common lithium containing hard rock, follows the…
Rio Tinto open to major acquisitions to meet copper goals
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) said on Wednesday it would contemplate a significant copper acquisition if it added exceptional value, but noted that buying quality assets in…
BHP, Lundin grab Filo in US$3B South American copper deal
Mining giant BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Canada’s Lundin Mining (TSX: LUN) have teamed up to acquire South America-focused Filo Corp. (TSX: FIL), in a US$3-billion ($4.1…
Podcast: ‘Our people can’t trust the land’—Chief Dawna Hope on Victoria Gold’s ongoing heap leach pad failure
This week’s episode features Chief Dawna Hope of the First Nation of Na-Cho Nyäk Dun in conversation with host Adrian Pocobelli. Chief Hope discusses her experience dealing with the heap…
Video: Mining faces cash crunch following decades of neglect, Grosskopf says
Undervaluation remains a persistent issue for mining companies, particularly juniors, compared to other sectors like technology and biotech, SCP Resource Finance chairman Peter Grosskopf said in an interview this month….
First Majestic discovers gold-silver veins at Ermitaño in Mexico
First Majestic Silver (TSX: AG; NYSE: AG) says it’s found a new gold and silver mineralized system it’s calling Navidad next to its Ermitaño mine in Mexico. Drill result highlights…
Controversial Japanese gold mine designated as UN heritage site
A Japanese gold mine that operated for four centuries but had a dark past of exploiting Korean labourers has been added to the UNESCO cultural heritage site list after Tokyo…
Bedford Metals to start uranium exploration at Ubiquity Lake
Canadian junior Bedford Metals (TSXV: BFM) has secured an exploration permit for its Ubiquity Lake uranium project in northern Saskatchewan. The licence allows Bedford to start field activities to validate…